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NEW YORK, July 19, 2022 /PRNewswire/ — The advanced baby monitor market will be driven by factors such as innovation in technology and product design and features leading to premiumization. The demand for high-quality premium baby products has increased. Moreover, with the increase in the number of working women, the demand for baby care and safety products has increased. Innovation and start-up funding have led to the introduction of products with advanced functionalities, which monitor heart rate, oxygen saturation, and temperature. For instance, Owlet Baby Care Smart Sock 2 advanced baby monitor tracks the heart rate and oxygen levels of the baby. These factors are leading to the premiumization of advanced baby monitor products.
The advanced baby monitor market size is projected to grow by USD 385.42 million from 2020 to 2025. Moreover, the growth momentum of the market will accelerate at a CAGR of 10.42% during the forecast period.
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Read the report with TOC on “Advanced Baby Monitor Market Analysis Report by Product (under the mattress, diaper attachment, smart wearable, and other formats), Distribution Channel (offline and online), and Geography (Europe, North AmericaAPAC, South Americaand MEA) Forecasts, 2021-2025″. View our Report Snapshot
Major Advanced Baby Monitor Companies
- Angelcare Monitor Inc.
- Dorel Industries Inc.
- Hisense Ltd.
- iBabyGuard International Pte Ltd.
- JABLOTRON Group AS
- Koninklijke Philips NV
- Lorex Technology Inc.
- Owlet Baby Care
- Safetosleep
- Snuza International Pty. Ltd.
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Advanced Baby Monitor Market Product Outlook (Revenue, USD mn, 2020-2025)
- Under the mattress – size and forecast 2020-2025
- Diaper attachment – size and forecast 2020-2025
- Smart wearable – size and forecast 2020-2025
- Other formats – size and forecast 2020-2025
Advanced Baby Monitor Market Distribution Channel Outlook (Revenue, USD mn, 2020-2025)
- Offline – size and forecast 2020-2025
- Online – size and forecast 2020-2025
Advanced Baby Monitor Market Geography Outlook (Revenue, USD mn, 2020-2025)
- Europe – size and forecast 2020-2025
- North America – size and forecast 2020-2025
- APAC – size and forecast 2020-2025
- South America – size and forecast 2020-2025
- MEA – size and forecast 2020-2025
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Revenue-generating Product Segment
The under the mattress segment will have significant market share growth during the forecast period. The sensors present in the under the mattress format are highly sensitive and work regardless of the thickness of the mattress. These products are designed to detect small movements, and the breathing sensor pad sends an alert if no motion is detected after 20 seconds. Such features are increasing the demand for the segment.
Regional Analysis
Europe will account for 33% of the market’s growth during the forecast period. This growth is attributed to factors such as an increase in awareness about SIDS. The UK, Germanyand France are the key countries for the advanced baby monitor market in Europe. The region has been recording a significant growth rate. It is expected to offer several business opportunities to market vendors during the forecast period.
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